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Dec 24, 2012
12/12
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joining me now, president for americans for limited government. so why doesn't the administration want a deal, why do they want to go over the fiscal cliff? can you hear us? okay, we're going to have to fix bills hearing problems. he will take a quick break and come back with bill wilson right after this. stay tuned. you see your big picture. with the fidelity guided portfolio summary, you choose which accounts to track and use fidelity's analytics to spot trends, gain insights, and figure out what you want to do next. all in one place. i'm meredith stoddard and i helped create the fidelity guided portfolio suary. it's one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. >> phil wilson can't hear us now. sorry about the difficulty with your hearing device. let's talk about the president going off the fiscal cliff or not. >> i think it is crystal clear that that is the case. his response was to offer, what he called, a small proposal. extend another $30 billion, no spending cuts and l
joining me now, president for americans for limited government. so why doesn't the administration want a deal, why do they want to go over the fiscal cliff? can you hear us? okay, we're going to have to fix bills hearing problems. he will take a quick break and come back with bill wilson right after this. stay tuned. you see your big picture. with the fidelity guided portfolio summary, you choose which accounts to track and use fidelity's analytics to spot trends, gain insights, and figure out...
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Dec 30, 2012
12/12
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challenged that government should be dealing with. i was proud that we had a chance to work together in connection with some of that. >> if you look across, it's a lot of history, 34 years altogether, is there a time when you look back and say those are the best years. those are the ones i enjoyed the most. >> every year that goes by it amazes me that i am still here. i did not plan to be here this long. if i did not have the chance to serve in some of those appropriations we would not have stayed this long. there are many ways to impact the process and the future of congress itself. it is my intention to try to do that regardless on what doorway we're walking through in our life. >> you haven't announced what you are doing next have you? >> i have not and i have no idea. >> how does that feel >> it feels great. my bride and i -- we have worked together many years. where i have had success, any you can says i've had it is work that we've done together and we're proud that we're going to take these next steps that will allow to make a
challenged that government should be dealing with. i was proud that we had a chance to work together in connection with some of that. >> if you look across, it's a lot of history, 34 years altogether, is there a time when you look back and say those are the best years. those are the ones i enjoyed the most. >> every year that goes by it amazes me that i am still here. i did not plan to be here this long. if i did not have the chance to serve in some of those appropriations we would...
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Jan 1, 2013
01/13
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WUSA
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government has announced plans to build a new frederick douglas memorial bridge. the projected price tag is $660 million. construction would start in 2015. d.c. mayor vincent gray says in the long run, a new bridge would save taxpayers money over the cost of making repeated repairs to the existing bridge which is 63 years old. the uglas memorial bridge handles about 70,000 commuters every day as they cross the anacostia river. >>> you can't really complain about the weather today. olga has the forecast. she's out on our weather terrace and she tells us that we can expect some nice weather, maybe a little bit of showers this afternoon. right, olga? >> reporter: that's right. i'm still tracking a storm system passing mainly south of us. so far we've been dry. the potential is later on this afternoon until about the 3:00 or 4:00 hour, we could see a sprinkle with the cloud cover, though, our temperatures have been consistent. right now we're at 44 degrees. that's where we've been for about two hours. we're pretty much going to sit right where we are interest the afte
government has announced plans to build a new frederick douglas memorial bridge. the projected price tag is $660 million. construction would start in 2015. d.c. mayor vincent gray says in the long run, a new bridge would save taxpayers money over the cost of making repeated repairs to the existing bridge which is 63 years old. the uglas memorial bridge handles about 70,000 commuters every day as they cross the anacostia river. >>> you can't really complain about the weather today. olga...
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Dec 28, 2012
12/12
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is at work, that their government can work, and that their government will work. thank you very much. questions? yes. >> did you get a communication from the majority leader that they would be coming back? >> they would be discussing it today. i know they are discussing that issue. very frankly, the house has to initiate revenue bills. the house failed to send a bill out, as you know, last week, because the republican party could not come to an agreement. so i do not have a representation as to what they are going to do. i do know they are going to be discussing it just in a few minutes. >> what would you say [indiscernbile] >> i would say the most preferable path forward is to get us back in session, come here, sit down at the table, and reach a compromise agreement. an alternative, which is the simplest -- pass the senate bill. you want to correct a glitch in the senate bill from a procedural viewpoint, it will pass the house, which will include a tax decrease on the first $200,000 of income of an individual or $250,000 for a family. we could do that immediately
is at work, that their government can work, and that their government will work. thank you very much. questions? yes. >> did you get a communication from the majority leader that they would be coming back? >> they would be discussing it today. i know they are discussing that issue. very frankly, the house has to initiate revenue bills. the house failed to send a bill out, as you know, last week, because the republican party could not come to an agreement. so i do not have a...
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keeping tabs on peaceful americans who are trying to loosen wall street's death grip on our economy and government in just a moment what do new f.b.i. documents reveal about the agency's surveillance on the occupy wall street movement also president obama cut short his hawaiian vacation to get back to fiscal cliff negotiations but given that he and democrats have put everything they can on the table and republicans still won't compromise what hope is there in striking a deal that doesn't leave the middle class high and dry and later the funerals for newtown connecticut victims may have finally ended but unfortunately funerals for gun victims in america never truly stop another story of a mass shooting and how the n.r.a. is more interested in saving profits than saving lives. and we did tonight with occupy wall street during the heyday of the occupy movement last year if you were lucky enough to walk through one of the encampments says i was frequently here at occupy d.c. good to see a community built as an example of what our nation should be striving for you would've seen hell. care provided for
keeping tabs on peaceful americans who are trying to loosen wall street's death grip on our economy and government in just a moment what do new f.b.i. documents reveal about the agency's surveillance on the occupy wall street movement also president obama cut short his hawaiian vacation to get back to fiscal cliff negotiations but given that he and democrats have put everything they can on the table and republicans still won't compromise what hope is there in striking a deal that doesn't leave...
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Dec 27, 2012
12/12
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government. >> so true. we also can look at the difference and say, well, maybe holiday discretionary spending wasn't as strong, but retail spending generally held up okay. maybe not the best sign tore some of the retailers, back up not a reason to completely lose faith in the u.s. consumer. we should point out this disparity we've seen where capital spending, goods for new capital orders have been weak and retail sales have been relatively strong. labor income has held up okay. frankly, when you look at 2013, the outlook for that to continue looks recently good. >> well, sure. and the other thing we'll look forward to is the number on jobless claims. they were back to their prehurricane level suggesting that the labor market hasn't fallen out of bed. there will be an interesting announcement coming out of the irs sometime between now and the end of the year which will be very important. they're going to give guidance to employers on what will be the tax withholding rates for 2013. under the laws, those with
government. >> so true. we also can look at the difference and say, well, maybe holiday discretionary spending wasn't as strong, but retail spending generally held up okay. maybe not the best sign tore some of the retailers, back up not a reason to completely lose faith in the u.s. consumer. we should point out this disparity we've seen where capital spending, goods for new capital orders have been weak and retail sales have been relatively strong. labor income has held up okay. frankly,...
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Dec 27, 2012
12/12
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its regional government says iraq's central government has underpaid its share of export revenue. the export halt affects about 100 thousand barrels of crude every day. >>> terrorist cell arrests and shiftdown hurt oil futures as they hit a two-month high. crude settled up more than 2 1/2%, closing at $90.98 a barrel. we'll turn our attention attention to something less economic oriented but something certainly important. that's syria. one of syria's top generals defected alleging chemical weapons are being used by the assad regime against rebels. has the u.s.'s red line for intervention been crossed? details coming up on that. >>> thousand of union dock workers could bring ports across the gulf coast and eastern seaboard to a standstill starting this weekend. details how that could shipwreck busissesacross the united states coming up. do you ever have too much money? i think not. ♪ adam: a top syrian general stunning the assad regime defecting to the side of the bels. in a videotaped statement that general claims assad's forces used chemical weapons against syrian citizens. the
its regional government says iraq's central government has underpaid its share of export revenue. the export halt affects about 100 thousand barrels of crude every day. >>> terrorist cell arrests and shiftdown hurt oil futures as they hit a two-month high. crude settled up more than 2 1/2%, closing at $90.98 a barrel. we'll turn our attention attention to something less economic oriented but something certainly important. that's syria. one of syria's top generals defected alleging...
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but is there a limit to what the government can do? would you say that cars being made safely, and they say, you know, government can' make an economy as a whole. >> they don't have much power. we have to demand more from big business. neil: wil the govenment demand that? >> business can hardly keep up with the corporate climb. barclays, jpmorgan chase, now, wasko, 3 billion-dollar fine. we have to save these corporations. they were built on the backs of american workers. build buildout by american taxpayers. recording record profits. sitting on trillions of dollars, keeping them away from their owners and the investors a the workers. neil: are you saying that there was crime involved? there was no crime involved. are you saying that all of these guys are typical? in other words with that there are more bad guys and good guys? >> the big guys have too much power and are too big to fail and all that. >> leches take the fortune 500. would you say, you mentioned three prominent companies. would you say that is 3%? 5%? 50%? i just disagree
but is there a limit to what the government can do? would you say that cars being made safely, and they say, you know, government can' make an economy as a whole. >> they don't have much power. we have to demand more from big business. neil: wil the govenment demand that? >> business can hardly keep up with the corporate climb. barclays, jpmorgan chase, now, wasko, 3 billion-dollar fine. we have to save these corporations. they were built on the backs of american workers. build...
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Dec 28, 2012
12/12
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government. david: we already have. are you kidding, larry? we already have. >> i doubt it because, really, if the credit were destroyed, the cost of finance at the margin would be going up, and the cost of finance at the margin for the federal government is going down. >> larry, consumers are pulling back, a consumer that's pulling back, not spending as much, that is not going out and driving and consuming oil, the confidence seems eroded before a decision is made in dc. we don't even need a decision. david: larry, i know what you say about interest rates, overriding factor thinking about investment and how much cash, but, again, right for now, our credit rating is the best in the worlding but it's a lousy world of credit. that's the problem is that with all this money printing going on around the world, i'm wondering when that comes back to bite us. >> well, that's why you don't want to be in bonds and be in stocks because stocks -- david: good point. >> when stocks accelerate, good hedge against inflation. the consumer in the cave, i don't
government. david: we already have. are you kidding, larry? we already have. >> i doubt it because, really, if the credit were destroyed, the cost of finance at the margin would be going up, and the cost of finance at the margin for the federal government is going down. >> larry, consumers are pulling back, a consumer that's pulling back, not spending as much, that is not going out and driving and consuming oil, the confidence seems eroded before a decision is made in dc. we don't...
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Dec 27, 2012
12/12
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now you are expanding the risk of the government's books. new loans held by private investors. gerri: i want to talk about another issue with you that is a fiscal cliff going over the fiscal cliff, what will that do to housing? >> the worst case scenario in the fiscal cliff if the tax increases and spending cuts come into effect would be bad for the economy and would really hurt housing demand. even if the fiscal cliff is solved, less damaging ways to resolve the fiscal cliff, the housing market still might be affected if the mortgage interest deduction is cut back severely. right now the mortgage interest deduction cost the government roughly $100 billion per year in revenue and getting rid of that would likely increase home values particularly in more expensive areas. gerri: rehear it would put the brakes on selling and home buying in those areas. what are the issues for you? you know all the issues and housing, what are you looking for next year? >> three things have been really important, the first is the inventories of homes for sale are down sharply. that is great news fo
now you are expanding the risk of the government's books. new loans held by private investors. gerri: i want to talk about another issue with you that is a fiscal cliff going over the fiscal cliff, what will that do to housing? >> the worst case scenario in the fiscal cliff if the tax increases and spending cuts come into effect would be bad for the economy and would really hurt housing demand. even if the fiscal cliff is solved, less damaging ways to resolve the fiscal cliff, the housing...
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Dec 24, 2012
12/12
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government is an insurance company with an army. when we talk about the insurance company part, we are talking about medicare and social security, and to some degree medicaid. those are programs that benefit the middle class and the poor, mainly through retirement. the other thing that people talk about, those are very small parts in the federal budget compared to medicare and social security. really, is not a question of needing to cut these programs. it is that they are growing more quickly than the economy, larger than they have been in the past, and what we need to decide as a nation is, are willing to pay substantially higher taxes than we have in the past to pay for these programs? if we want to keep our current tax burdens, we need to figure out how to reduce those programs. medicare -- we are not talking about reducing benefits over the long term. we have a health care system over all that grows more quickly than the economy. economists do not have one reason why that happens. they are looking for all the reasons why that ha
government is an insurance company with an army. when we talk about the insurance company part, we are talking about medicare and social security, and to some degree medicaid. those are programs that benefit the middle class and the poor, mainly through retirement. the other thing that people talk about, those are very small parts in the federal budget compared to medicare and social security. really, is not a question of needing to cut these programs. it is that they are growing more quickly...
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Dec 31, 2012
12/12
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and it'll chute shut down the government. it would be more draconian than what we are facing with the fiscal cliff. >> i was struck by not only the number of ceos that put pressure on washington, but ceos from some of the biggest companies in america to the small e69 companies in america. >> they were all in favor as a compromise, a tax hike as part after long-term debt solution. that's what has to happen. >>> we have two minutes before the president comes out. let me turn you to the top of the list, mark zuckerberg, why? eric, excuse me one second. we will go to ayman an john. we have some of the framework but the language here may be extremely important. what are we listening for? >> what i expect from the president is to try to keep the pressure on negotiators to get a deal. he will have middle class families around him. to some degree this is a pr event. it is possible and the republican aide i mentioned earlier who confirmed details on the agreement of middle class taxes said the president may mention that agreement in h
and it'll chute shut down the government. it would be more draconian than what we are facing with the fiscal cliff. >> i was struck by not only the number of ceos that put pressure on washington, but ceos from some of the biggest companies in america to the small e69 companies in america. >> they were all in favor as a compromise, a tax hike as part after long-term debt solution. that's what has to happen. >>> we have two minutes before the president comes out. let me turn...
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Dec 29, 2012
12/12
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the people wanted government to work and for people to work together. there was a very short period of time when the speaker came back and he's meeting with the president and he said, maybe these children have actually grown up, with all due respect. now here we are. what are we going to do, pray? new year is tuesday? these consequences would be terrible. you've got working people whose paychecks would get eaten into. you got people who would pay higher taxes who can barely afford it now. unemployment benefits running out. this is just not okay for them to be sitting in their separate corners trying to figure out who is going to win and who is going to lose 'cause everybody is going to lose. >> kelly: it is incredulous to sit back and watch what's happening on capitol hill. but of course, there are other dynamics, as you know, involved in this long debate over the fiscal cliff. for example, how will all of this, susan, affect the leadership of house speaker john boehner who has not been able to get a consensus among his fellow democrats in the house and
the people wanted government to work and for people to work together. there was a very short period of time when the speaker came back and he's meeting with the president and he said, maybe these children have actually grown up, with all due respect. now here we are. what are we going to do, pray? new year is tuesday? these consequences would be terrible. you've got working people whose paychecks would get eaten into. you got people who would pay higher taxes who can barely afford it now....
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Dec 24, 2012
12/12
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the government bought them back. after a certain date if they were in your home, you were arrested. they have had a decrease in crime and suicide, which is an interesting development. it seems to me, you either have to go that route, which you cannot in the u.s. -- gun ownership in australia was 5% of households. gallup has shown is 47% here. we have the second amendment and the hisry back to washington. given that we are a different culture, the kinds of laws that we pass are almost always an effective as a result, because there are00 million weapons out there today. unless you recall them the way that australia did, and we cannot do that -- you would have a reservoir that would last 100 years. >> you can imagine what would happen. there would be an insurrection. >> you do not have to permit guns -- and i understand they are already there -- but you do not simply not do something because it is already a problem. right now>> you can imagine whad happen. there would be an insurrection. , we allowed guns that are made specifically to injured in the most grievous way and the fastest wa
the government bought them back. after a certain date if they were in your home, you were arrested. they have had a decrease in crime and suicide, which is an interesting development. it seems to me, you either have to go that route, which you cannot in the u.s. -- gun ownership in australia was 5% of households. gallup has shown is 47% here. we have the second amendment and the hisry back to washington. given that we are a different culture, the kinds of laws that we pass are almost always an...
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Dec 29, 2012
12/12
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KRON
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and now indian officials have closed off access to the country's main government building in kron-4's jeff bush was at a vigil held today at the >> reporter: about three dozen protestors gathered at the consolate on arguello street just before sundown. many of them are indian expatriates and say something needs to be done to address women's rights in >> (protest organizer) preeti shekar: this incident is one of many that have been going on and we are here to say that violence against women is not ok and we need to do something >> manoj hergarwl, protestor: i'm a citizen of india and i thought i should be herejust, as a guy, i feel so sad and it is shameful what has happened people without ties to india>> marcia poole, protestor: india has tolorated the rape of women for so long now that the police actually, >> reporter: the group presented a petition to the consulate saying more needs to be done to stop violence against a representative accepted the petition and gave a the incident. he said a established to investigate >> n.p. singhand: we are confident that the incident will prove to
and now indian officials have closed off access to the country's main government building in kron-4's jeff bush was at a vigil held today at the >> reporter: about three dozen protestors gathered at the consolate on arguello street just before sundown. many of them are indian expatriates and say something needs to be done to address women's rights in >> (protest organizer) preeti shekar: this incident is one of many that have been going on and we are here to say that violence...
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Dec 28, 2012
12/12
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. >> and this endless deadlock, this complete failure to compromise on seemingly anything and to govern -- >> the american people have spoken, and they've basically voted for the status quo. the president got re-elect, the senate is still in democratic hands and the house is still in republican hands. the american people have spoken. >> if there is no deal income tax cuts and payroll tax cuts are scheduled to expire at the end of the year. 2 million jobless americans lose their unemployment benefits. the president and congress impressional leaders from both parties are scheduled to meat at the white house at 3:00 tomorrow to try to find some way out of this mess. they have met at the white house before to try to find some way out of this mess, and every single time they did that, they did not find a way out of this mess. if past is prologue, derek, get out your wallet. >> well, gary, as the mess, as you describe it, looms closer and closer, what do you really want to know about this fiscal cliff? join us tomorrow for 9news at 5:00. we'll have an expert here to begin to answer your quest
. >> and this endless deadlock, this complete failure to compromise on seemingly anything and to govern -- >> the american people have spoken, and they've basically voted for the status quo. the president got re-elect, the senate is still in democratic hands and the house is still in republican hands. the american people have spoken. >> if there is no deal income tax cuts and payroll tax cuts are scheduled to expire at the end of the year. 2 million jobless americans lose...
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1.9K
Dec 29, 2012
12/12
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that would be the realization of that -- >> wouldn't that violate the principle that would have govern the policy that nothing wowlingd pass unless the yort of the majority support it. >> it would violate the principle. some democrats think that mitch mcconnell is ready to force john boehner's hand. we know the republicans are going to lose the fight of taxes because tax rates are going to go up for every -- the only question is how many people they go up for. so if you already know what the outcome is going to be, the question is how much punishment do they want to take? it is possible that they would wait after january 1. they could say we're going to cut taxes now instead of vote to allow them to go up. gwen: let's move on. because there's one more thing we want to go to. from iran to syria to libya to egypt to israeli, palestinian standoff over gaza, the obama administration's wishes have seldom been grapted. >> we and the world have joined in condemning the brutality of the assad regime. >> no one wants to determine what happened that night in benghazi more than the president and
that would be the realization of that -- >> wouldn't that violate the principle that would have govern the policy that nothing wowlingd pass unless the yort of the majority support it. >> it would violate the principle. some democrats think that mitch mcconnell is ready to force john boehner's hand. we know the republicans are going to lose the fight of taxes because tax rates are going to go up for every -- the only question is how many people they go up for. so if you already know...
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Dec 27, 2012
12/12
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CNBC
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a lot of the money that the low-end consumer has, they won't have anymore, and they won't have the government assistance programs to rely on. may not have the same effect we saw in the last recession. >> the ultimate consumer discretionary stocks, it occurs to me, dana, would be the luxury retailers like a tiffany which have suffered here recently. they in the past have been immune to a lot of vagaries of the consumer and the economy, but that hasn't been the case this time around. what happened? >> i think tiffany's a little bit different than some of the other luxury goods company. tiffany overall is working on its product, silver business which is a high margin category. didn't have enough novelty and newness in it and hopefully that's something they can fix for next year. >> wasn't just me then? >> not just you. >> exactly. >> i noticed that, yeah. >> dana on that point, the companies for stocks like tiffany's, what about aptitude in places like china in. >> overall when we see what's happening in china, so many new brands emerged in china, new companies on the luxury good fronts, and you
a lot of the money that the low-end consumer has, they won't have anymore, and they won't have the government assistance programs to rely on. may not have the same effect we saw in the last recession. >> the ultimate consumer discretionary stocks, it occurs to me, dana, would be the luxury retailers like a tiffany which have suffered here recently. they in the past have been immune to a lot of vagaries of the consumer and the economy, but that hasn't been the case this time around. what...
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Dec 27, 2012
12/12
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CNNW
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based on an ideology that calls for government to be as small as possible. the roots are as old as american politics, but philosophy's main spokesman is this man. grove norquist, whose pledge signed by almost all republicans in congress forbid them from raising taxes ever under any circumstances. things come to a head in the summer of 2011. republicans demand the government reduce its deficit as a condition for raising the nations's debt ceiling. without a deal, the u.s. would lose its ability to borrow money. they deploy the tactics that nearly shut down the government and ultimaty cost america its aaa credit rating for the first time in history. in a last minute compromise, both sides agree to a trillion dollars in spending cuts up front and another $1.2 trillion in cuts to be decided by a special congressional super committee. a poison pill was attached. if the super committee can't reach a deal, automatic across the board cuts known as the sequester would go into effect starting january 2013. at the exact moment when the bush tax cuts extended for two ye
based on an ideology that calls for government to be as small as possible. the roots are as old as american politics, but philosophy's main spokesman is this man. grove norquist, whose pledge signed by almost all republicans in congress forbid them from raising taxes ever under any circumstances. things come to a head in the summer of 2011. republicans demand the government reduce its deficit as a condition for raising the nations's debt ceiling. without a deal, the u.s. would lose its ability...
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Dec 27, 2012
12/12
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FBC
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why does this to say he's working for the government? eric: we just got some breaking news from toyota motors, according to our friends at the "wall street journal" settled a class-action lawsuit about acceleration $1.1 billion, we will keep our eye on that stock. wthe figures outraged initially the report a spontaneous protest over at that video? wait until the critics hearsecr this. resigning his post on the attack is reportedly still working for the government and the other through officials suspended are slated to return to their jobs.r they're still working for the government. b >> they said heads are to roll. things are really going to happen. here's not a shock. no accountability, lack of consequences, doesn'tce happen. eric: apparently the assistant secretary of state changed jobs, went across the office and to another desk. >> exactly. also kind of parse the words.o a very difficult to get fired from the federal government. it is a very secure long-term position. no matter how egregious the problems are, and that's report pointe
why does this to say he's working for the government? eric: we just got some breaking news from toyota motors, according to our friends at the "wall street journal" settled a class-action lawsuit about acceleration $1.1 billion, we will keep our eye on that stock. wthe figures outraged initially the report a spontaneous protest over at that video? wait until the critics hearsecr this. resigning his post on the attack is reportedly still working for the government and the other through...
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Dec 28, 2012
12/12
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government bonds still have a role. government bonds with credit on top if you like. so we were one of the first private banks to buy ultra long corporate bonds normally held by pension funds reflecting the fact that you have above average risk premiums and potential risk correlation. so that's attractive. an area that's really suffered, ctas. >> ctas? >> ctas really suffered. >> what are ctas? >> commodity trading advisers is what they're short of. it's a style of hedge fund management and it did very well in '08 and '01 or '2. they've struggled for a couple of years. but still importantly they still have a negative correlation. >> i'm just wondering what happens with the cliff impact on gold. you know, if we find the cliff solution, if we find a mediocre solution, if we find no solution, are we going to see a huge swing in the price of gold? >> well, gold has a safe haven role. it has had a safe haven role just like other assets that you mentioned that could be hemgs against equity movements such as these safe haven bonds such as german ones, u.s. ones, maybe japane
government bonds still have a role. government bonds with credit on top if you like. so we were one of the first private banks to buy ultra long corporate bonds normally held by pension funds reflecting the fact that you have above average risk premiums and potential risk correlation. so that's attractive. an area that's really suffered, ctas. >> ctas? >> ctas really suffered. >> what are ctas? >> commodity trading advisers is what they're short of. it's a style of hedge...
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Dec 27, 2012
12/12
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you say i've been elected, but let's govern. >> but is obama willing to negotiate? >> is the senate willing to negotiate? >> no matter what you put up there, if it doesn't start with $250,000, it's not going to pass. >> wait a second, obama went up to $400,000. >> what's he done on entitlements? >> he did the change cpi that would bring it down. >> that's not true. >> no. listen, he did nothing. john boehner has conceded some things. the last move, not a smart one. >> can we talk more about vampires? >> we can. only during the commercial break. >> oh, okay. >> and now a word from our sponsor. is it okay to fire an employee for being simply irresistible? greg has had this problem over and over but he is still here. we will tell but it next. >> after working so many years side by side, i didn't have any idea that that would have crossed his mind. ♪ [ male announcer ] imagine facing the day with less chronic osteoarthritis pain. imagine living your life with less chronic low back pain. imagine you, with less pain. cymbalta can help. cymbalta is fda-approved to manage
you say i've been elected, but let's govern. >> but is obama willing to negotiate? >> is the senate willing to negotiate? >> no matter what you put up there, if it doesn't start with $250,000, it's not going to pass. >> wait a second, obama went up to $400,000. >> what's he done on entitlements? >> he did the change cpi that would bring it down. >> that's not true. >> no. listen, he did nothing. john boehner has conceded some things. the last...
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a lot of them want to govern. i think things can happen quickly in january. >> there is a lot of talk with the gop looking ahead to the debt limit when there will be anything substantial don entitlement reform and things of that nature. and how worries are you that we could see a repeat of the possible down great of the u.s. createit rating? >> i'm concerned about it. we reached the debt limit, but tricks we can play to keep the government operating. that looks like no more than 60 days. it's an arbitrary and useless statute. denmark i think is the only other country that has something like that. this would be gamesmanship of the most dangerous kind. i hope nobody is going to play that game. i know the president said he is not going to play that game. if the republicans think they use that as leverage, they do that at their own risk. >> congressman, good luck to the cardinals. take care. >> thank you, luke. >> we are keeping our eye on how the stalemate is playing on wall street and president george hw bush is now
a lot of them want to govern. i think things can happen quickly in january. >> there is a lot of talk with the gop looking ahead to the debt limit when there will be anything substantial don entitlement reform and things of that nature. and how worries are you that we could see a repeat of the possible down great of the u.s. createit rating? >> i'm concerned about it. we reached the debt limit, but tricks we can play to keep the government operating. that looks like no more than 60...
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bring all 3 million of that one weapon back in, let the government, county, state and federal, pay you to take them back. you do don't need them. >>> we have to leave it there. thank you for your time. >>> speaker boehner has said it's up to the senate and the president to come up with a fiscal deal, but as some point out, he'll have to push a bill through the house. given last week's events it won't be easy. "the washington post" columnist e.j. dionne says that may be the silver lining, writing, quote -- now at least we know something important. the current rep majority cannot govern, only a coalition across party lines can get the public's business done. e.j. joins us now, a senior fellow with the brookings institution and an msnbc contributor. e.j., great to see you, as always. john boehner sits to the left of center of his caucus. can he work out a deal without inciting a full-scale revolt? >> well, we don't know that, but i think he'll have to test it. that really tells you something about how conservative the republican caucus has done. john boehner is a good conservative. what w
bring all 3 million of that one weapon back in, let the government, county, state and federal, pay you to take them back. you do don't need them. >>> we have to leave it there. thank you for your time. >>> speaker boehner has said it's up to the senate and the president to come up with a fiscal deal, but as some point out, he'll have to push a bill through the house. given last week's events it won't be easy. "the washington post" columnist e.j. dionne says that may...
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Dec 24, 2012
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gerri: correctly, is the government doing anything to stop this? skimmer's no there are people out there right now scrubbing checks to people who are only taking their money. >> if you ever hear of these and he's certainly should contact your state attorney general. unfortunately there is a lot of bad stuff that goes on and their ility to oversee it is difficult, but they will prosecute if they find out. gerri: watch out. those are your words of wisdom. the website is called charity navigator. even if you want to research any kind of charity, the rate them and really looked at the bottom line. thank you for coming on. >> thank you so much. gerri: all right. from helping those in newtown to helping our military eurozone. i'm joined by executive vice president and chief of staff at the u.s. thank you for joining us. we wanted to a happy story in the charity area, and you are providing that tonight. i know everyone has heard of the uso, but the adult think everyone knows exactly what you do. help us understand. >> it's great to be here tonight, and th
gerri: correctly, is the government doing anything to stop this? skimmer's no there are people out there right now scrubbing checks to people who are only taking their money. >> if you ever hear of these and he's certainly should contact your state attorney general. unfortunately there is a lot of bad stuff that goes on and their ility to oversee it is difficult, but they will prosecute if they find out. gerri: watch out. those are your words of wisdom. the website is called charity...
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if you are going to use it for more government spending we don't want a part of it. senator mcconnell on the republican side seemed to get frustrated because he felt like the democrats were slow walking the th, 18 hours without a response. mcconnell made a call to a well known senator, joe biden to see if he could help. >> we're willing to work with whoever can help. no single issue remains an impossible sticking point. a sticking point appears to be a willingness and interest or frankly the courage to close the deal. >> reporter: as senate aide says it was designed to try to jumpstart the talks and consequences of getting a tax increase is a huge concern. >> gregg: what went awry in these talks? >> you heard senator thune. a fiscal cliff deal is a new way calculating inflation that would lower social security payments. democrats say they would do it as part of much bigger deal but it was off the table for the smaller deal they are working on. so democrats called it a poison pill. >> at some point, negotiating process, it appears there are things that stopped us from
if you are going to use it for more government spending we don't want a part of it. senator mcconnell on the republican side seemed to get frustrated because he felt like the democrats were slow walking the th, 18 hours without a response. mcconnell made a call to a well known senator, joe biden to see if he could help. >> we're willing to work with whoever can help. no single issue remains an impossible sticking point. a sticking point appears to be a willingness and interest or frankly...
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important because if the taxes are raised, the republicans want to be able to argue they were able to cut government spending. while this isn't the most important parnt. there's much more to look at, the goal being sunday. >> thanks, kelly. my eyes didn't glaze over. it's hard not to conclude he's the first casualty of war. boehner put it forward. since then he's been more of an observer than a player in this crisis. joining me now to talk about boehner's fate. i want to start with you. john boehner as we heard from kelly o'donnell is going to have to face meeting democrats if we have a deal. then he's going to have to go back to his caucus and say re-elect me as speaker. how does he do that? >> i think it's two separate questions, richard. on the first point he's going to have a difficult time to corral votes. if the president bring his 250 plan to the house floor, you're not going to see many republicans go after it. but at the same time i think boehner is pretty safe when it comes to his speakership. if gentlemen were making noise against the speaker, there would be huge trouble. i think boehner'
important because if the taxes are raised, the republicans want to be able to argue they were able to cut government spending. while this isn't the most important parnt. there's much more to look at, the goal being sunday. >> thanks, kelly. my eyes didn't glaze over. it's hard not to conclude he's the first casualty of war. boehner put it forward. since then he's been more of an observer than a player in this crisis. joining me now to talk about boehner's fate. i want to start with you....
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the russian government has to invite them to meet a child to adopt and they're worried. >> now with this new development, it could all come to a screeching halt. >> just from father to father, president putin, i just ask that as a father, just to consider what's happening to the families that are in process. let us at least go through the process and bring home our children. >> that was michelle reporting there. >>> another person pushed in front of a new york city subway tops the look at stories around the "news nation" today. there's video of a woman they say pushed the man in front of a train last night. there she is right there. the victim was killed. witnesses telling police that the woman had been following the man and mumbling under her breath moments before. earlier this month, police say a man was pushed and killed in front of another new york train. a 30-year-old man is charged with murder that case. three police officers of new jersey are in the hospital recovering today after being shot inside a police station this morning. police say the suspect was being processed for domes
the russian government has to invite them to meet a child to adopt and they're worried. >> now with this new development, it could all come to a screeching halt. >> just from father to father, president putin, i just ask that as a father, just to consider what's happening to the families that are in process. let us at least go through the process and bring home our children. >> that was michelle reporting there. >>> another person pushed in front of a new york city...
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if you transfer $10,000 of your money, it triggers your bank that goes to the federal government. but you can go online and with free holiday shipping purchase a high capacity magazine. even the law enforcement in the communities have no way of know ing a large number of weapons, perhaps a bullet proof vest. that might send off a few alarms. making it harder to sexercise te right to vote. we should think that people are more responsible owning a gun than casting a ballot. that is part of what is being revealed. >> i want to go to one other finding in this study about this. it is about the notion of people need guns for protection. >> there is no evidence that a gun in the home reduces the likelihood of severe iity durin break in. it is actually going to be usable in a way that will protect you. >> to the contrary. those same studies have shown, they are are more likely to go through if there is a gun in the house. what is more likely to happen is you are going to get shot. what happened is, they didn't kill the shooter. the shooter killed themselves. they were in able to get to it
if you transfer $10,000 of your money, it triggers your bank that goes to the federal government. but you can go online and with free holiday shipping purchase a high capacity magazine. even the law enforcement in the communities have no way of know ing a large number of weapons, perhaps a bullet proof vest. that might send off a few alarms. making it harder to sexercise te right to vote. we should think that people are more responsible owning a gun than casting a ballot. that is part of what...
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the demonization of people who believe in limited government and a government that represents we, the people, and not we, the elites. and i really think that it's archaic and dinosaur-like of folks like sam donaldson who have long been out of power. i mean we broke the liberal media monopoly years ago, and this is really their death row call, not ours. thanks, sam. >> good to see you. thank you for being with us. happy new year. >> you bet. >> that's all the time we have left for the special fiscal cliff edition of hannity. thanks for being with us. let not your heart be troubled because the news continues and greta is standing by to go live on the record. greta, take it away.illy. the factor. captioned by closed captioning services, inc. >> the o'reilly factor is on. tonight. >> this is something within our capacity to solve. call me a hopeless optimist but i still think we can get it done. >> as the nation comes closer to the edge the chances of a fiscal cliff deal begin to doom. what will it mean for you? >> the administration essentially enacting legislation on its own through you
the demonization of people who believe in limited government and a government that represents we, the people, and not we, the elites. and i really think that it's archaic and dinosaur-like of folks like sam donaldson who have long been out of power. i mean we broke the liberal media monopoly years ago, and this is really their death row call, not ours. thanks, sam. >> good to see you. thank you for being with us. happy new year. >> you bet. >> that's all the time we have left...
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they decided emergency unemployment would be by the federal government. since the economy is still struggling they are looking at renewing this. this is new spending in the bill. there is virtually no spending. they got rid of this tweaking the tax code. that is something that a lot of house republicans probably won't like. but at this point in the game i think they have to pass it. >> one of the increases is social security payroll tax increase. owe b president obama was talking about letting that cut to lapse. it raises income tax for people of all levels on the social security tax to 6.2 percent which adds up to a lot of money for a family. that's a big tax increase. >> the payroll tax holiday is going to effect folks. this is a dedicated tax that goes to fund social security. when they took the 2 percent out of social security we were funding the program through deficit spending. you probably shouldn't be continuing this temporary program for another year when social security has plenty of fiscal challenge of its own. >> you sport that move to let tha
they decided emergency unemployment would be by the federal government. since the economy is still struggling they are looking at renewing this. this is new spending in the bill. there is virtually no spending. they got rid of this tweaking the tax code. that is something that a lot of house republicans probably won't like. but at this point in the game i think they have to pass it. >> one of the increases is social security payroll tax increase. owe b president obama was talking about...
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you saw his government and the federal government coming together to solve people's problems. >> they had the fleece on. the sleeves were rolled up. >> i have to tell you, i love politics. >> you do? >> i'm breaking this story here. certain things thought when people rise to the occasion, they did the right thing. and i love bill clinton coming to save his old rival. and he did. anyway, thank you, michael steele. up next, from etch-a-sketch to legitimate rape to 47%. the most notable political quotes of the year. which quote tops it? that's ahead. and this is "hardball" the place for politics. >>> we're wac. 2012 is coming to a close. let's look back at a few of the most memorable quotations. everything from the historic, to the infamous to the absurd. for the 7th year, fred shapiro has released his list of the top ten quotes. which ones will stand the test of time? you be the judge. joining me right now is a columnist for bloomburg review. gentlemen, get in your starting gates. here's the number one, actually, the number seven quote of the year, it happened in march while the republi
you saw his government and the federal government coming together to solve people's problems. >> they had the fleece on. the sleeves were rolled up. >> i have to tell you, i love politics. >> you do? >> i'm breaking this story here. certain things thought when people rise to the occasion, they did the right thing. and i love bill clinton coming to save his old rival. and he did. anyway, thank you, michael steele. up next, from etch-a-sketch to legitimate rape to 47%. the...
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government, for states, cities. you name it. a lot of unanswered questions here right now. >> bret: cheryl casone in new york. cheryl, thank you. we will be watching the markets, especially the asian markets when they open in just 30 minutes. thank you. the question is now what happens with the u.s. house of representatives? how does speaker boehner move forward as the meeting is breaking up? we have inside scoop from behind those closed doors. and perhaps a strategy, path way forward. we have a live interview with the vice chairman of the budget committee. he will join us on the other side of this break. [ male announcer ] this is sheldo whose long day setting up the news starts with arthritis pain and a choice. take tylenol or take aleve, the #1 recommended pain reliever by orthopedic doctors. just two aleve can keep pain away all day. back to the news. >> bret: this is a fox news alert. looking live at the house floor gaveled back in session. take vote that don't deal with the fiscal cliff legislation and counting heads semil
government, for states, cities. you name it. a lot of unanswered questions here right now. >> bret: cheryl casone in new york. cheryl, thank you. we will be watching the markets, especially the asian markets when they open in just 30 minutes. thank you. the question is now what happens with the u.s. house of representatives? how does speaker boehner move forward as the meeting is breaking up? we have inside scoop from behind those closed doors. and perhaps a strategy, path way forward. we...
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government and economy and they're going to be sitting with their guns ready to fend off any visitors. well, you know, that concerns me a little bit because they're not religious nuts. they are actually rational people with a bad idea. >> michael, that's actually a great point. the difference between the secular and religious doomsday folks. is there anything you could say to the secular types who are sitting with their piles of gold and everything waiting for the country to erode. is there anything logically, rationally to persuade people maybe this isn't the best approach? >> well, i do. these people write me and i write them back. i say look, the country's almost 250 years old. and nothing's happened like that. even remotely like that. that happens in some third world countries where they have revolutions, but we've had all these presidential elections and not once has the incumbent president had to be forced out by gun point. where that does happen in other countries. the chances of that happening here is very low. our economy has gone through major cataclysms and still people don
government and economy and they're going to be sitting with their guns ready to fend off any visitors. well, you know, that concerns me a little bit because they're not religious nuts. they are actually rational people with a bad idea. >> michael, that's actually a great point. the difference between the secular and religious doomsday folks. is there anything you could say to the secular types who are sitting with their piles of gold and everything waiting for the country to erode. is...
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they are just sticking to one principle, limited government. they look at something with no principles like occupy wall street to elevate them as heroes. principles that are mold. >> andrea: republicans might have reason to fret, too. the leader, speaker john boehner and the approval rating is lower than speaker pelosi. who is a vampire. 51% boehner unfavorable. juan, you said people say boehner is safe and i have been hearing opposite. i like boehner. tough situation. trying to herd cats. i don't agree what we did the other day to put a bill on the floor he doesn't have support for. but you think he won't hold on. >> juan: i think he will hold on. i don't think there is enough time before january 3 to line up. what happened to john boehner, my gosh, they -- his troops abandoned him. >> andrea: mccarthy is the whip. he should know how many works he has. >> juan: he works for boehner. >> kimberly: but he goes back -- it was a mess. >> juan: the dynamic didn't make sense. this goes back to what eric said. he, what everybody on the far right side
they are just sticking to one principle, limited government. they look at something with no principles like occupy wall street to elevate them as heroes. principles that are mold. >> andrea: republicans might have reason to fret, too. the leader, speaker john boehner and the approval rating is lower than speaker pelosi. who is a vampire. 51% boehner unfavorable. juan, you said people say boehner is safe and i have been hearing opposite. i like boehner. tough situation. trying to herd...
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, that we actually pay our bills as a government, that we find a balanced approach going forward. john boehner knows the votes from some of the republicans and some of the democrats can happen. and he's been unwilling to do that. >> do you think it's good -- >> it's hurting this country. >> is it good at this point in the process for harry reid to go on the senator floor and bash speaker boehner? does that not send a message this close to the deadline? >> he's trying to make it clear and i'm trying to make it clear that john boehner can't just say i'm not in there. of course, he is a player in this. if he does not work with the senate, work with the president and, again, the president has time and time again said we have some common ground here. if the republicans do agree, and they say they do, that they do not want to see tax rates go up on the american people, well, the president said let's make sure that we vote on that. 98% of americans can be protected from a tax increase. we can protect seniors under medicare by making sure that 30% cut to the providers don't go through. th
, that we actually pay our bills as a government, that we find a balanced approach going forward. john boehner knows the votes from some of the republicans and some of the democrats can happen. and he's been unwilling to do that. >> do you think it's good -- >> it's hurting this country. >> is it good at this point in the process for harry reid to go on the senator floor and bash speaker boehner? does that not send a message this close to the deadline? >> he's trying to...
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that's what government does. but when you get inflexible people that seem to not understand the pain of the ordinary american, how do you break this gridlock? >> well, it's very hard. and the point you made, rev, is a very good one. the president did move with entitlements and it did anger a cig n significant portion of his base. but the president agrees that you can't set this nation's economy on a healthy path that cease going to take care of our deficit and make it a managinin bart of gdp. he knows we can't asked the republicans to raise it 1.2, 1.3 trillion in revenue. he's reached out and made cig nif kant concessions and the response to that was nothing. it is pathetic. >> jaret, let me ask you, if we go over the cliff, what ps? is there not an immediate impact on people with unemployment insurance and other things? i mean, what happens if we go over this cliff? >> well, you really have to distinguish between going over the cliff and quickly reversing the damage, meaning in a matter of weeks, which is still
that's what government does. but when you get inflexible people that seem to not understand the pain of the ordinary american, how do you break this gridlock? >> well, it's very hard. and the point you made, rev, is a very good one. the president did move with entitlements and it did anger a cig n significant portion of his base. but the president agrees that you can't set this nation's economy on a healthy path that cease going to take care of our deficit and make it a managinin bart of...
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you saw his government and the federal government coming together. >> they were wearing the fleece. >> exactly. you had the fleece on, the sleeves rolled up. >> you guys are the best. i have to tell you, i love politics. i'm breaking the story here. >> there's certain things when people rise to the occasion and do the right thing. anyway, thank you, michael. >>> up next, from etch-a-sketch to legitimate rate to 47%. the yumpbuniversity has the lis the most notable political quotes of the year. this is "hardball," the place for politics. [ man ] ring ring... progresso this reduced sodium soup says it may help lower cholesterol, how does it work? you just have to eat it as part of your heart healthy diet. step 1. eat the soup. all those veggies and beans, that's what may help lower your cholesterol and -- well that's easy [ male announcer ] progresso. you gotta taste this soup. >>> we're back. 2012 is coming to a close. but, before it does, let's look back at a few of the most memorable quotes. quotations that were uttered this year. everything from the historic to the infamous to, of c
you saw his government and the federal government coming together. >> they were wearing the fleece. >> exactly. you had the fleece on, the sleeves rolled up. >> you guys are the best. i have to tell you, i love politics. i'm breaking the story here. >> there's certain things when people rise to the occasion and do the right thing. anyway, thank you, michael. >>> up next, from etch-a-sketch to legitimate rate to 47%. the yumpbuniversity has the lis the most...
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and, yes, your government is doing it to you. >>> also, what a year. government sex scandals. brutal political fights and superstorms like we he have never seen before. lots of explosive headlines in 2012. what is the biggest story of the year. tell us on gretawire and post your pick and see if your pick made our list. that's coming up. >>> plus, get ready. another storm about to pummel big chunks of the nation. does that possibly mean you? are you in the path? the latest on the storm are's the latest on the storm are's path i i i i i i i [ male announcer ] you are a business pro. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a full-size or above. and still pay the mid-size price. i could get used to this. [ male announcer ] yes, you could business pro. yes, you could. go national. go like a pro. [ buzzing ] bye dad. drive safe. k. love you. [ chirping, buzzing continues ] [ horn honks ] [ buzzing continues ] [ male announcer ] the spr
and, yes, your government is doing it to you. >>> also, what a year. government sex scandals. brutal political fights and superstorms like we he have never seen before. lots of explosive headlines in 2012. what is the biggest story of the year. tell us on gretawire and post your pick and see if your pick made our list. that's coming up. >>> plus, get ready. another storm about to pummel big chunks of the nation. does that possibly mean you? are you in the path? the latest on...
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look at our problem with spending, how bloated our government is. we're $16 trillion in debt. something needs to be done. this year we're going to spend $165 billion more than we receive in social security. $3 we're going to spend for every 65 we receive in social security in medicare. this is absolutely -- we need to stop. this is not fair to young people. it's not fair for future generations they have to inherit this debt. something needs to be done. >> i agree. what do we do when we have personal debt? we raise our income, we want to raise our revenue and cut spending. >> we're not going to take -- >> we put it forward and we've cut spending cut $.5 trillion last year. >> where? >> i want to take money from the private sector and give it to a bunch of bureau kratz. let the money stay in the private sector. don't raise taxes when we have a slow economy. >> why are you telling me that? tell john boehner not to raise taxes. he'll raise them on all of us. the congress is on taxes. everything -- we shouldn't be debating this. congress should because tax bills, as you know, have
look at our problem with spending, how bloated our government is. we're $16 trillion in debt. something needs to be done. this year we're going to spend $165 billion more than we receive in social security. $3 we're going to spend for every 65 we receive in social security in medicare. this is absolutely -- we need to stop. this is not fair to young people. it's not fair for future generations they have to inherit this debt. something needs to be done. >> i agree. what do we do when we...
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in a parliamentary system, one government rules everything. one party rules everything. you have the prime minister, you have the speaker, and the leader. all in one party. and then it you do not compromise -- you put that out there and you get your program through. if there is a lack of confidence the people can change parties. the next party comes in and does what it wants. that is not what we do here. sometimes i wish it was the form of government we have because at least there would be some action and you would now. you would not have some uncertainty -- each party has its dreams and hopes and plans. they would have to change to get this policy through. we have to meet each other halfway. the house is run by the republicans. is -- the senate is run by the democrats but is not a super majority. the president is a democrat. we have to work together. that is the name of the game. if we can do it on the highway bill -- if they can do it on the farm bill, i now, and there are other examples -- i could give examples of senator feinstein and her republican counterparts. i c
in a parliamentary system, one government rules everything. one party rules everything. you have the prime minister, you have the speaker, and the leader. all in one party. and then it you do not compromise -- you put that out there and you get your program through. if there is a lack of confidence the people can change parties. the next party comes in and does what it wants. that is not what we do here. sometimes i wish it was the form of government we have because at least there would be some...
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it is cutting government, that is the key thing. dennis: i could not believe the democratic proposal called for even more. thank you for being with us. happy holidays. >> you to. dagen: "countdown to the closing bell" is next. dennis: mr. ashley webster will join you with that. merry christmas, everybody. ♪
it is cutting government, that is the key thing. dennis: i could not believe the democratic proposal called for even more. thank you for being with us. happy holidays. >> you to. dagen: "countdown to the closing bell" is next. dennis: mr. ashley webster will join you with that. merry christmas, everybody. ♪
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Dec 28, 2012
12/12
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, get 50% or more of their sales from government contracts. really interesting stuff. it's not just, again, defense companies. you're going to see waste management in there, an environmental company. motorola in there as well. we talked to fidelity. they are concerned as well telling amists to watch for certainly insexes -- indexes and others that cover financials and others cited there. adam: i have friends saying there's no fiscal cliff, it's make believe trumped up by the media and parties to scare people, get rate, and, perhaps bring about policy that's not true. look at the companies, the fact that the government -- look at the contracts that would be canceled, those are people who would lose jobs in several months. the recession that the cbo is legitimate looking at that list. >> that's right, adam. it's interesting because it flushes out what companies basically operate on the iron lung, with an iron lung, because of the government subsidies. it was interesting to me, the list of the companies that get so much of the revenues from the g
, get 50% or more of their sales from government contracts. really interesting stuff. it's not just, again, defense companies. you're going to see waste management in there, an environmental company. motorola in there as well. we talked to fidelity. they are concerned as well telling amists to watch for certainly insexes -- indexes and others that cover financials and others cited there. adam: i have friends saying there's no fiscal cliff, it's make believe trumped up by the media and parties...
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Dec 29, 2012
12/12
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CNNW
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it's about the role of government in americans' lives. lower taxes versus more of a social safety net. and every time they come close to a deal it falls apart because they have this fundamental disagreement about ideas. that's how we got here. they cannot agree on this basic negotiation over this ideological divided america, randi. >> so how likely is it we will go over the fiscal cliff. i'm curious what the mood is like in washington right now. >> there is is an infinitesimal increase in optimism because of the mood out of that meeting today, but i still would say the odds -- the people who are placing bets in this town still expect that the nation will go over the fiscal cliff. so still a little bit more hope than when we woke up this morning but no one is counting on being off on new year's eve. randi. >> jessica, thanks. more now on the raw politics with "new york times" columnist ross douthat the and cornell. the president said he wanted to see a straight up-or-down vote. as we mentioned that, will happen on monday in the senate. he
it's about the role of government in americans' lives. lower taxes versus more of a social safety net. and every time they come close to a deal it falls apart because they have this fundamental disagreement about ideas. that's how we got here. they cannot agree on this basic negotiation over this ideological divided america, randi. >> so how likely is it we will go over the fiscal cliff. i'm curious what the mood is like in washington right now. >> there is is an infinitesimal...
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Dec 27, 2012
12/12
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one government portion of government borrowing from another portion of government and claiming in the end don't worry, your concerns will be alleviated. stuart: we keep going back to why did young people votes overwhelmingly for this administration to have a second term? was it never pointed out to them that you are going to have to pay in a difficult job environment that is very stretched, you are going to have to pay for medicare, medicaid and social security all of which go to older people? was it never pointed out to them in any way, shape or form war where republicans portrayed as just mean and stingy and hurting people all costs? what is going on here? >> as you and i have discussed republicans have seeded cultural ground especially on college campuses. mitt romney and paul ryan rarely made an appearance and rarely made conservative ideas, free market ideas palatable to younger voters and talk about things, investing in a social security system that won't be around for them. i think we have allowed liberals or conservatives have allowed liberals to take the pop cultural game and
one government portion of government borrowing from another portion of government and claiming in the end don't worry, your concerns will be alleviated. stuart: we keep going back to why did young people votes overwhelmingly for this administration to have a second term? was it never pointed out to them that you are going to have to pay in a difficult job environment that is very stretched, you are going to have to pay for medicare, medicaid and social security all of which go to older people?...